Overnight US stocks | The three major indexes rose, Apple Inc. (AAPL.US) lost the title of "global market value leader".

On Tuesday, the three major indexes rose, and Trump will announce a substantial investment in artificial intelligence infrastructure by OpenAI, SoftBank, and Oracle Corporation. US StocksAt the close, the Dow Jones Industrial Average rose 538.22 points, or 1.24%, to 44026.05; the Nasdaq rose 126.58 points, or 0.64%, to 19756.78; the S&P 500 rose 52.58 points, or 0.88%, to 6049.24. NVIDIA Corporation(NVDA.US) closed up 2.2%, surpassing Apple Inc.(AAPL.US) which fell 3.1%, becoming the world's top company in market value, while Trump Media & Technology Group (DJT.US) fell 11%. The Nasdaq Golden Dragon Index fell 0.36%, New Oriental Education & Technology Group, Inc. Sponsored ADR (EDU.US) fell 23%, XPeng, Inc. ADR Sponsored Class A(XPEV.US) rose 6%. European StocksThe German DAX30 index rose 37.57 points, or 0.18%, to 21042.49; the UK FTSE 100 index rose 28.91 points, or 0.34%, to 8549.45; the French CAC40 index rose 37.45 points, or 0.48%, to 7770.95; the Euro Stoxx 50 index rose 1.21 points, or 0.02%, to 5165.65; the Spanish IBEX 35 index fell 21.60 points, or 0.18%, to 11922.00; the Italian FTSE MIB index fell 85.83 points, or 0.24%, to 36058.00. Asia-Pacific Stock MarketsThe Nikkei 225 Index rose by 0.32%, the Jakarta Composite Index rose by 0.15%, while the South Korean KOSPI Index fell slightly. CryptocurrencyBitcoin rose over 4.5% to $106,647.5, reaching a historic high of $109,241. GoldSpot gold rose 1.30% to $2743.57 per ounce, trading between $2702.87-2746.03, inching closer to the historical high of $2790.10 on October 31; COMEX gold futures rose 0.25% to $2755.70 per ounce, trading between $2722.70-2762.00, having reached a high of $2826.30 on October 30. Crude OilICE Brent crude oil futures for March delivery fell by 86 cents, or 1.07%, to $79.29 per barrel. NYMEX WTI crude oil futures for February delivery fell by $1.99, or over 2.55%, to $75.89 per barrel. USDThe US Dollar Index, which measures the dollar against six major currencies, rose by 0.01% to 108.060. At the close of the New York exchange, 1 euro exchanged for $1.0418, 1 pound exchanged for $1.2328, 1 dollar exchanged for 155.56 yen, 1 dollar exchanged for 0.9066 Swiss francs, 1 dollar exchanged for 1.4335 Canadian dollars, and 1 dollar exchanged for 10.9930 Swedish kronor. Macro News Economists: Trump faces difficulties as the US deficit increases. Former Chief Economist of the International Monetary Fund Kenneth Rogoff said at the World Economic Forum that Donald Trump faces a challenging environment in his second presidential term due to rising interest rates, with limited room for improvement in the economy. Concerns about the compounding effect of the country's deficit at current interest rate levels have been raised. There are doubts about the sustainability of US GDP growth, as economic growth remains far below the deficit growth. The economist predicted that inflation will stabilize in the next five years but may reappear in the long term. US media: Trump uses tariff threats to push for early renegotiation of USMCA. According to sources, US President Trump is using the threat of imposing high tariffs on goods from Canada and Mexico as early as next week to pressure both countries to start renegotiating the US-Mexico-Canada Agreement. The USMCA was established during Trump's first term to replace NAFTA, with a mandatory review in 2026, but Trump wants an early renegotiation. Trump is particularly focused on using tariff threats to force car factories to relocate from Canada and Mexico back to the US. This has prompted major car manufacturers to quickly find ways to meet Trump's demands without "disrupting the North American automotive supply chain." Trump is expected to appoint his nominated Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer to handle the renegotiation of the USMCA. Analysts: It may take several years for the US to replenish strategic oil reserves. DNB market analysts Helge Andre Martinsen and Tobias Ingebrigtsen said that replenishing the Strategic Petroleum Reserve (SPR) by the US government may take several years. President Trump stated in his inauguration speech that he plans to "fill up" America's crude oil reserves. They stated thatCurrently, the strategic oil reserve inventory is 394 million barrels of crude oil, while the capacity is slightly higher than 700 million barrels, which means that Trump plans to purchase about 300 million barrels of crude oil on the market. "We have not seen a timetable for these purchases yet, and Trump will need congressional appropriations for the required funds. During the comprehensive inventory build-up from 2003 to 2005, the construction speed was 118,000 barrels per day. At this rate, refilling the strategic oil reserve in the future will take seven years."Individual stock news Meta plans to launch "Oakley" smart glasses and explore the development of smart watches and headphones. According to foreign media reports, Meta (META.US) is dedicated to upgrading its popular smart glasses and is exploring new wearable devices, such as watches and camera-equipped headphones, with the aim of embedding its artificial intelligence functions into more products. According to sources, these efforts include developing Oakley-branded smart glasses for athletes this year. Sources say Meta's device department, Reality Labs, also plans to release new high-end glasses with built-in displays in 2025. Sources also indicate that other products in development will compete with Apple Inc.'s smart watches and AirPods. In addition, the company is developing its first true augmented reality product, set to be released around 2027. Trump to announce joint investment in artificial intelligence infrastructure by OpenAI, SoftBank, and Oracle Corporation. According to CBS, US President Trump will announce the establishment of a joint venture called Stargate by OpenAI, SoftBank, and Oracle Corporation (ORCL.US) to invest billions of dollars in building artificial intelligence infrastructure in the country. The report states that Sam Altman of OpenAI, Larry Ellison of Oracle Corporation, and SoftBank CEO Masayoshi Son are expected to meet at the White House that afternoon. Apple Inc. starts the new year on a dim note, analysts downgrade ratings and warn of iPhone prospects. Apple Inc. (AAPL.US) has been downgraded by two analysts, further indicating growing investor concerns over weakening iPhone sales, as AI is seen as not providing the expected catalyst for growth. Apple Inc.'s stock fell 4.3% on Tuesday, with the world's largest company starting the year on a rough note, down 11% so far in January, marking its largest monthly decline since December 2022. Apple Inc.'s stock has dropped nearly 14% from its peak in December. Canaan Inc. Sponsored ADR Class A: Preliminary total revenue for the 2025 fiscal year expected to be $900 million to $1.1 billion. Canaan Inc. Sponsored ADR Class A (CAN.US) released unaudited Bitcoin mining update data up to December 31, 2024, along with financial guidance for the 2025 fiscal year. As of the end of December 2024, Canaan Inc. Sponsored ADR Class A held 1,293 Bitcoins on its balance sheet, with 62 Bitcoins mined that month. Canaan Inc. Sponsored ADR Class A stated that due to the growing demand for Bitcoin mining power and the company's expanding mining operations, the preliminary total revenue for the 2025 fiscal year is expected to be $900 million to $1.1 billion.